under the Companies Act on 12 January 1895. Its purpose was to "promote the permanent preservation for the benefit of the Nation of lands and tenements (including buildings) of beauty or historic interest".

Early years

The National Trust acquired its first land in early 1895; Dinas Oleu, on the clifftop above Barmouth in Wales, was donated by Fanny Talbot, a friend of Rawnsley.

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